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Claren Tower 1

A 1 bed in Claren Tower 1 costs a median AED 1.84M, rents long-let for AED 110,000/yr (5.79% gross), and returns 7.51% short-let at the assumed 80% occupancy — -0.3 pts vs Downtown Dubai's 6.14% and -1.2 pts vs Dubai's 6.97% — from 17 sales and 105 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
9 in 12 months
Rental contracts · 1 bed
54 in 12 months
Buy
1.84MAED
AED 2,186/sqft
Long-let
5.79%
AED 110,000/yr
Short-let
7.51%
AED 622/night · 0.71/sqft

Price per sqft: Median of 9 registered sales of ready units in the last 12 months, most recent July 2026.

Priced off the last 5 sales — most recent July 2026.

Yield spread
-0.3 pts
vs the Downtown Dubai median for this unit type
Turnover upside
+10.0%
new tenants pay more than sitting ones — 91 renewals
AED/yr/sqft
AED 132
Sales
17
Rental contracts
105
Renewal rent
AED 100,000/yr
12 months
+9.7%
3 years
+22.7%+7.1%/yr

Based on 17 sales and 105 rental contracts in the last 24 months. Rental data covers the whole Claren 1 project, not this tower alone.

Claren Tower 1 is an apartment building in Downtown Dubai, Dubai, one of the towers in the Claren 1 development. The closest metro station is Business Bay Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2015 to 2026, 276 registered sales in all — the 17 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 1.16M22936.15%
-0.6 pts
+6.4%14
1 bedAED 1.84M21015.79%
-0.3 pts
+9.7%17
2 bedAED 2.52M18796.51%
+0.6 pts
+5.8%6
3 bedAED 3.00M19606.99%
+1.5 pts
+2.4%3

Deltas compare each yield with the Downtown Dubai median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Claren Tower 1

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio500m6561.30AED 153,378AED 72,0002.1×13.22%4+
1 bed500m6220.71AED 138,617AED 110,0001.3×7.51%22+
2 bed500m1,1080.83AED 250,921AED 165,0001.5×9.97%21+
3 bed500m1,5751.03AED 362,942AED 209,6191.7×12.10%3+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

2 bed: first Oct 2026, 0.73 AED/night/sqft; latest Sep 2027, 0.67 AED/night/sqft; peak Jan 2027, 1.25 AED/night/sqft. 1 bed: first Oct 2026, 0.71 AED/night/sqft; latest Aug 2027, 0.5 AED/night/sqft; peak Jan 2027, 1.1 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Claren Tower 1 itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Claren Tower 1 between 2009 and 2013 went for a median of AED 2,197/sqft (AED 1.95M). The same building resells today at AED 2,098/sqft (AED 1.73M) — an uplift of -11.7%.

Based on 129 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

20 resales in the last 12 months, against 18 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
2 Jul 20261 bed881AED 1,850,0002,101

1 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro
Business Bay Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Compare with nearby buildings

The most-traded buildings in Claren 1, on the same figures over the same window.

Common questions

What is the rental yield in Claren Tower 1?
Claren Tower 1 returns 5.79% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 105 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Claren Tower 1 cost?
The median registered sale price is AED 1.84M (2,101 AED/sqft), from 17 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Claren Tower 1 selling for right now?
Registered sales of ready units in Claren Tower 1 over the last 12 months have a median of 2,186 AED/sqft, across 9 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Claren Tower 1 risen or fallen?
Median price per square foot moved +9.7% over the last 12 months against the 12 before it, on 17 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Claren Tower 1 compare with Downtown Dubai?
Its 5.79% gross yield sits -0.3 pts against the Downtown Dubai median of 6.14%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Claren Tower 1 sale record

Record type
Building-level property market record
Data date
Evidence base
17 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/sale/apartments/dubai/downtown-dubai/claren-tower-1
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Claren Tower 1 sale prices and yield.” Downtown Dubai, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/downtown-dubai/claren-tower-1.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.